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Jennie Wolmestad, Head of Communication
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E-mail: Jennie Wolmestad
Rental income increased slightly despite fewer properties and was up 1.6 percent for the like-for-like portfolio. Net operating income also increased. Income from property management was up 36.5 percent, mainly because of an increase in value of properties in joint ventures. The yield requirement has continued to fall, and the change in value for investment properties was MSEK 2,030 (859).
The credit rating agency Moody’s affirms Rikshem’s credit rating A3 with stable outlook.
Income from property management in the first quarter amounted to MSEK 275 (282), where the decrease was primarily due to property sales in 2020. Rental income fell marginally by 0.1 percent during the period. Rental income for the like-for-like portfolio increased by 0.9 percent
At an Extraordinary General Meeting on April 20, 2021 Per Uhlén, member of the Board of Directors was elected new Chairman of the Board of Rikshem AB (publ) after Bo Magnusson announced that he wished to resign from his position as Board member and Chairman of the Board. At the same time, Peter Strand was elected as new member of the Board of Directors.
Rikshem's Annual and Sustainability Report 2020 is now available in English on rikshem.se, in the financial information section.